Tag Archives: deal reached
Trident to sell Kodiak plant to Pacific Seafood
Kodiak’s largest seafood processing plant has a new owner. Trident Seafoods announced on Oct. 14 that it reached a deal with Pacific Seafood for the downtown facility. The Star of Kodiak plant in its namesake town is the last plant to sell after Trident, which is based in Seattle, announced a major restructuring plan back in December 2023, which included selling four plants in Alaska – a third of the company’s facilities in the state. Trident noted the tough state of the seafood industry for its decision – a market collapse detailed by a recent “economic snapshot” from the National Oceanic and Atmospheric Administration, which found that Alaska’s seafood industry was worth $1.8 billion less in 2023 than it was in 2022. Links, more, >>CLICK TO READ<< 09:39
Fishing group, N.S. fisherman happy with Canada-France halibut deal
Canada and France have reached a deal to try to end a long-simmering dispute over halibut fishing on Canada’s Atlantic coast. In exchange for a three per cent share of the Canadian quota, French fishing vessels will fish outside Canadian waters and agree to have their catch monitored. According to Shelburne fisherman Gary Dedrick, French fishermen have been harvesting in Canadian waters outside the designated French fishing zone surrounding St-Pierre-Miquelon, France’s eight small islands off Newfoundland’s southern coast, and not limiting their catches. “They will be allowed to fish Atlantic halibut in their own territory and also outside 200 miles, but they won’t be able to fish in Canadian waters,” said Lapointe, who is looking to federal authorities to increase monitoring and catch reporting now that there’s a formal agreement. more, >>CLICK TO READ<< 14: 19
Canada announces deal with France on contentious Atlantic halibut fishery
Months of negotiations have resulted in an agreement between Canada and France allowing fishers from a tiny archipelago near Newfoundland a portion of the annual Atlantic halibut catch, officials announced Monday. Fishers from the French territory of St-Pierre-Miquelon will be allowed three per cent of the total allowable catch, which is set each year by Canada, the federal Fisheries Department said in a statement. Ihe department has been working with France to reach such an agreement since 2016, the department said. “I am confident that we’ve reached an equitable agreement that will ensure the long-term health of the Atlantic halibut stock while supporting the economies and coastal communities of both Canada and France,” Fisheries Minister Diane Lebouthillie said. more, CLICK TO READ<< 15:02
Deal reached in Newfoundland and Labrador crab fishery, harvesters to start fishing
A bitter standoff that shut down Newfoundland and Labrador’s lucrative snow crab fishery for nearly six weeks came to an end on Friday. The union representing inshore fishers and plant workers announced its negotiating team had reluctantly signed a deal with the group representing seafood processors to start the fishery. The deal guarantees prices would not fall below $2.20 a pound, the price fishers were protesting in the first place. Shortly after the union announced the agreement, the provincial government issued a news release saying the deal was the culmination of a meeting that day between the union, the processors association and Premier Andrew Furey, who thanked the two parties for working together. >click to read< 07:56
